Am Law 100 Firm Announces Attorney Layoffs And Furloughs

The firm's austerity measures continue.

It’s become increasingly obvious that attorneys, despite the fancy (and expensive) degrees, are far from immune from the economic downturn brought on by COVID-19. Biglaw has been awash in cost-cutting measures designed to keep the firms afloat during these hard times. The latest example of that comes from Am Law 100 firm, Nixon Peabody.

The firm already announced massive staff layoffs, and now lawyers are also seeing the axe. According to multiple tipsters at the firm, the firm is cutting 10 percent of non-partner attorneys, and tipsters report even senior associates were impacted. The cuts are divided by approximately 5 percent layoffs (with three months of health insurance) and 5 percent furloughs (presumably with full benefits).

Best of luck to those that suddenly find themselves without a paycheck in the middle of a pandemic/economic decline.

If your firm or organization is slashing salaries, closing its doors, or reducing the ranks of its lawyers or staff, whether through open layoffs, stealth layoffs, or voluntary buyouts, please don’t hesitate to let us know. Our vast network of tipsters is part of what makes Above the Law thrive. You can email us or text us (646-820-8477).

If you’d like to sign up for ATL’s Layoff Alerts, please scroll down and enter your email address in the box below this post. If you previously signed up for the layoff alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each layoff, salary cut, or furlough announcement that we publish.


headshotKathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).

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